Funding you earn now, next payment 00:00 UTC+0.0166%/8h= +18.2% APRnext payment +$1.66 per $10,000 · paid last 24h +0.024%
Price spread now: Bybit against Aster−0.017%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$230.234% of the position
Funding, last 7 days+0.101%+$10 on $10k
+Price spread, last 7 days+0.018%+$2 · spread now −0.017%, 7d avg +0.005%
=Together, before fees+0.119%+ Points / potential airdropAster: Stage 5 · farm board+$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.022% cheaper against Aster than usual: you would sell low and buy high (spread −0.017% now, against its 7-day average of +0.005%). If the spread goes back, that is −$2 on $10k: about 11 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.101% in total) that is about 37 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MUUSD1 | 1,044.9 | 0.0051 | pay 0.0051% / 8h | 1h 37m | $21.5M | $47.4M | 20x |
| Short | Bybit MUUSDT | 1,044.8 | 0.0217 | get 0.0217% / 8h | 1h 37m | $19.1M | $32.6M | 100x |
Aster MUUSD1
Bybit MUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $34.87
- Price spread: −0.017% → +0.005%
- −$2.2
- Slippage, 4 orders
- −$4.44
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $9.24
- Costs to cover
- 0.234%
- Break-even
- 5.1 days
Slippage from Aster: live order book, 6 min ago; Bybit: live order book, 1 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster live order book, 6 min ago | 0.43 bp | 6.2 bp −$6 | 8.3 bp −$83 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 0.29 bp | 6.5 bp −$6 | 10.9 bp −$109 | 28.7 bp −$2,866 | doesn't fit |
MU on 37 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX MUUSDC | −0.0233% | 4h | 1,044 | −0.090% | $1.3M | $672K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,044.3 | −0.065% | $62.9M | $28.9M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,043.2 | −0.163% | $189K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,046.3 | +0.132% | $11K | $6.6M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,044.1 | −0.079% | $125K | $441K | 50x | as long as short |
| OKX MU-USDT-SWAP | +0.0014% | 8h | 1,044.3 | −0.057% | $30.7M | $104.6M | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0029% | 1h | 1,043.5 | −0.141% | $3K | $45K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,044.1 | −0.076% | $1.1M | $4.2M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.553% | $14K | $302 | 12x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,044.1 | −0.085% | — | $193K | 25x | as long as short |
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
OKX MU-USDT-SWAP
Aftermath Perps MUUSD
Lighter RH MU
Injective MU/USDC PERP
Vest MU-USD-PERPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,044 | −0.089% | $165K | $180K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,044.4 | −0.053% | $685K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,043.3 | −0.157% | $2.0M | $2.7M | 10x | as long as short |
| Aster MUUSD1long | +0.0051% | 8h | 1,044.9 | long leg | $21.5M | $47.4M | 20x | |
| QFEX MU-USD | +0.0071% | 1h | 1,044.3 | −0.060% | $7.8M | $24.2M | 10x | as long as short |
| Bitget MUUSDT | +0.0088% | 8h | 1,044.4 | −0.056% | $20.4M | $42.9M | 50x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,044 | −0.093% | $154K | $182K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,043.5 | −0.133% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,043.5 | −0.134% | $71K | $266K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,044.4 | −0.052% | $830 | $799 | 20x | as long as short |
| Aevo MU-PERP | +0.0112% | 1h | 1,044.2 | −0.069% | $33K | — | 10x | as long as short |
| Variational Omni MU | +0.0115% | 8h | 1,044 | −0.094% | $2.6M | $2.7M | — | as long as short |
| Paradex MU-USD-PERP | +0.0124% | 8h | 1,044.2 | −0.070% | $2K | — | 5x | as long as short |
| Binance MUUSDT | +0.0138% | 8h | 1,044.5 | −0.041% | $124.9M | $536.9M | 50x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0184% | 1h | 1,043.9 | −0.096% | $756K | $1.4M | 10x | as long as short |
| Lighter MU | +0.0192% | 1h | 1,044.3 | −0.063% | $1.0M | $4.8M | 20x | as long as short |
| Nado MU-PERP | +0.0196% | 1h | 1,043.5 | −0.139% | $303K | $847K | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0199% | 8h | 1,044.1 | −0.075% | $82K | $1.4M | 10x | as long as short |
| Bybit MUUSDTshort | +0.0217% | 8h | 1,044.8 | −0.017% | $19.1M | $32.6M | 100x | |
| Bullet MU-USD | +0.0253% | 1h | 1,044.5 | −0.038% | $26K | $398K | 10x | as long as short |
| BloFin MU-USDT | +0.0257% | 8h | 1,044.5 | −0.041% | $1.5M | $2.1M | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0343% | 1h | 1,044.1 | −0.080% | $176.5M | $107.0M | 10x | as long as short |
| Phoenix MU | +0.0383% | 1h | 1,044.2 | −0.070% | $534K | $306K | 15x | as long as short |
| Arcus MU-USD | +0.0435% | 1h | 1,043.8 | −0.111% | $63K | $230K | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0459% | 1h | 1,044.2 | −0.075% | $61K | $244K | 10x | as long as short |
| RISEx MU/USDC | +0.0499% | 1h | 1,044.6 | −0.034% | $285K | $333K | 20x | as long as short |
| Extended MU_24_5-USD | +0.0624% | 1h | 1,043.2 | −0.162% | $541K | $1.1M | 10x | as long as short |
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
QFEX MU-USD
Bitget MUUSDT
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Aevo MU-PERP
Variational Omni MU
Paradex MU-USD-PERP
Binance MUUSDT
Coinbase International MU-PERP-INTX
Lighter MU
Nado MU-PERP
GRVT MU_USDT_Perp
Bullet MU-USD
BloFin MU-USDT
tradeXYZ xyz:MU
Phoenix MU
Arcus MU-USD
Deribit MU_USDC-PERPETUAL
RISEx MU/USDC
Extended MU_24_5-USD